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? >>> the answer to that question is in the hands of house speaker john boehner who is offering an candid take on tuesday's results. it might be causing more republican hand wringing to opening the door to deal making. >>> and the british are coming. what president obama and prime minister cameron can do together to get the global economy on track and resolve serious situations like syria. >>> good morning from washington. it's friday, november 9th, 2012. this is "the daily rundown" i'm chuck todd. let's get right to my first reads in the morning. at 11:00, in the white house east room the president will speak to the nation for the first time since his election about what he hopes to accomplish before the end of the year. before taking on the new challenges though the president changed his campaign workers this emotional video from wednesday was released by the obama campaign. >> you guys have done, and the work that i'm doing has improved. i'm really proud of that. i'm really proud of all of you. and -- and what -- [ applause ] >> now it's back to governing. today the president will layout hi
in washington. >> i think the good news for the country is that john boehner and his president actually have a pretty good relationship. they like each other. that's a really good starting point. it's something you don't see in washington these days. and all you see between democrats and republicans is acrimony. i think boehner set a great signal yesterday. i think the person who called boehner yesterday and said let's get back to work is a big deal. >> i want to ask you. do the american voters really get the attention of the gop now? do they send a clear message that misogynistic, bigoted, homophobic candidate es just dot fly. how do they get the party back on track? >> losing does a lot more parties, and spending time in the desert does a lot toward figuring out how to get to water. the republican party obviously has a lot of work to do, but i'm encouraged they will get the message, that we understand we've got to be a larger tent. we can't continue to just go after a shrinking -- trying to expand a shrinking demographic and recognize we need more tolerance, more diversity, and more polici
together, both sides have drawn some lines in the sand when it comes to taxes. house speaker john boehner earlier today said it's possible to get the nation's financial house in order without tax increases. >> i don't want to box myself in, and i don't want to box anybody else in. i think it's important for us to come to an agreement with the president, and by lowering rates and cleaning up the tax code, we know that we're going to get more economic growth. >> here's what's at stake if they cannot come to a compromise. the congressional budget office says it would happen. the alternative minimum tax kicks in hiking taxes with more than half of married couples two children by $4,000 a year. it would ray taxes on workers and the trillion dollars in spending cuts that officials say cost jobs and slow economic growth. let me bring in our "news nation" political panel. we have zachary karabell and loy wis romano and david goodfriend. we have it covered. jonathan, i'll start with you. comparing what we heard from speaker boehner this morning and what we heard from the president, it sounds like
of a package is the president going to try to get as he begins to work with house speaker john boehner on this? as you remember during the 2011 negotiations, they tried to get a grand bargain. a $4 trillion deficit reduction that would have included cuts to medicare and medicaid, but also some tax increases. ultimately that deal fell apart. there are some democrats that would like to see the president try to go big again in this second term. now the white house pardoned by some of the comments that john boehner made by saying that he's willing to come to the table to talk to the president about that. as you pointed out, he said that does not include tax increases for the wealthy. but i have been talking to some of my republican sources on the hill who say the speaker's language is important. it suggests a potential willingness to work with the president on the issue of taxes, which is of course the big sticking point. what does that mean? we don't know. it could mean eliminating deductions for big corporations for the wealthiest americans. those are the details that will have to be hammered ou
, chris, your reporting so far, we've seen speaker boehner today, what chuck schumer had to say, the president's expected to announce that he is inviting all of the leaders to the white house to discuss the fiscal cliff. >> right. i think what we've seen broadly is marking out of territory, with a strong emphasis on willing to work across the aisle. i don't expect president obama to go into specific detail of how he's going to get this done. i do, however, expect kind of this, you know, the election is now over, let us come together tone. and to be honest, i think he does have a stronger hand in this, than maybe even he thought he might have. simply because of the election results. could be looking at 332 electoral victory, larger than i thought, democrats picking up seats in the senate, picking up some seats in the house, not a huge number. if you're john boehner in the press conference he had, one of his lines was, i think we have a lot of work to do as it relates to the republican party. the republican party is trying to figure out what happened and i don't know if in the mid
. >> the president has spain to speaker boehner and other leaders about plain going forward. what else do we know? >> reporter: it's significant. president obama called these leaders within the hours of his re-election sending a strong signal that he's serious about bipartisanship and working with the leaders and reaching across the aisle to get a compromise on the fiscal cliff and work through this it. the message he sent to the leaders is we need to work together to resolve this. i would point out that house speaker john boehner in his press conference yesterday echoed the president's sentiments to some extent saying he's willing to work with the president on the issue of taxes. that's the big issue here in washington. so signalling that he would be willing to work with the president. now, will this actually happen? of course, the republican conference is larger than the house, so speaker boehner is saying something in his conference going along with it are two different things. they're in a wait and see mode. we won't see the crisis of debt debate in the summer of 2011. >> i hope you're right.
. john boehner, the speaker of the house, also 25uked about the fiscal cliff and hinted for compromise. you got to listen carefully to see the compromise that could be coming. let's listen. >> it's clear, there are a lot of loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make sense, others don't. everything, everything on the revenue side and the spending side has to be looked at. >> anyway, senator chuck schumer this morning suggested that the right wing might be more willing to accept compromise now. it's been helpful. let's watch. >> boehner wants to compromise, that's why he gave that speech. boehner's not a hard right guy, he's a mainstream conservative. i think he's going to help. the hard right is chastened in a lot of ways. >> in south carolina, a republican, jeff duncan, who quoted him as follows, when i look at the results of the election, congressman duncan says, it becomes clear to me that the house is now the last line of defense for preserving freedom in this country. the people of south carolin
in chicago, and house speaker john boehner was already hinting at another major fight in congress over taxes and spending. >> in order to garner republican support for new revenues, the president must be willing to reduce spending and shore up entitlement programs that are the primary drivers. mr. president, this is your moment. we're ready to be led, not as democrats or republicans, but as americans. >> president obama will make a statement tomorrow in the east room. the automatic spending cuts and tax hikes kicked in january 1st if washington can't reach a deal. a lot of people fear it's going to be a repeat of what happened in 2011 when the republicans 4e8d the debt ceiling hostage to get what they wanted. but thing, i guess, you could say are a bit different. we are two days removed from a landslide victory, as well as a new 55-45 democratic senate majority. the president is also the winner of the popular vote. did you hear that, republicans? winner of the popular vote with the majority of the country supporting him. the only area in government where the democrats fell shot was in the co
suicide for the u.s. economy and so yesterday house speaker boehner and senate majority leader harry reid road tested some ideas for r reconciliati reconciliation. >> mr. president, this is your moment. we're ready to be led, not as democrats or republicans, but as americans. >> it's better to dance than to fight. it's better to work together. >> that all sounds pretty promising, but listen a little closer to speaker boehner's call for compromise and then you begin to hear a familiar tune. >> we aren't seeking to impose our will on the president. we're asking him to make good on his balanced approach. the president has called for a balanced approach to the deficit, a combination of spending cuts, increased ed revenues, but a balanced approach isn't balanced if it means higher taxes on small businesses that are the key to getting our economy moving again and keeping it moving. >> yes, you heard it. it's that same small business melody that we've heard from mitt romney for six years. now, thankfully silenced along with the strains of kid rock's "born free," except, of course, now the lead
it is doable. whether that means it's going to get done is another question. and speaker boehner is in a delicate position. he would like to e get something done, but he's got an unruly boisterous caucus to be managing. >> i heard from a senator that he's going to need to bring in eric cantor somehow. he's going to have to enlist him if it's going to get done. we did get the preview yesterday. what's the president's strategy going to be? does he need to set an agenda for how to move forward? >> he's going to speak in generalities. he's not going to lay out a detailed, here's what i want to do five-point plan. i think that's smart. the best approach is to work this through congress with the white house being involved as well. take it as a patient process. >> let me play a little more from chuck schumer talking about john boehner's position. >> boehner wants to compromise. that's why he gave that speech. he's not a hard right guy. he's a mainstream conservative. >> here's a suggestion in his column titled "let's not make a deal." mr. obama should hang tough declaring himself willin
, we have the president winning re-election. we have john boehner returning to the speakership. harry reid returning. to being the senate majority leader. and while the status quo was the big winner last tuesday, the history books will not remember the names john boehner and harry reid as long as they will remember what this re-election meant for president barack obama. >> that's exactly right. it i it is an affirmation historically. you could argue that maybe one of the reasons he's crying is he's going to have to deal with john boehner and harry reid going forward. so there could be a very practical trigger there. but certainly, i mean, what mike and john have said is exactly right. it's an important moment. he's the third democrat, fourth democrat, to do this in a century. woodrow wilson, franklin roosevelt, bill clinton and barack obama. not bad company to be in. >> by the way, i heard you say that on wednesday morning. who was the democrat -- the last democrat before that to do it? >> well -- >> that's a test. >> -- that is a test. >> jackson? >> i guess it would be jackson. >> i
from the trail. house speaker john boehner is doing the dance of the seven veils. ♪ >> a day after the president's re-election, the speaker of the house opened the door to additional tax revenues. >> we're willing to accept new revenue under the right conditions. >> but after that telling peekaboo, boehner pulled back, announcing tax increases are not an option. >> raising tax rates is unacceptable. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> last night, he revealed to diane sawyer that his party was no longer seeking to repeal the affordable care act. >> well, i think the election changes that. it's pretty clear that the president was elected, obama care is the law of the land. >> but you won't be spending the time next year trying to repeal obama care. >> there may be parts of it that we believe need to be changed. we may do that. no decisions at this point. >> but hours after that interview, boehner shrouded himself once again tweeting, obama care is law of the land but it is raising costs and threatening jobs. our goal has
. what struck me yesterday with john boehner he was saying as we approach the fiscal cliff, boehner was saying yesterday that the bottom line for republicans after this election is the same as it's been for 22 years. that is, that any kind of income tax hike, especially for the wealthy, is off the table for them. do you have a sense of what the white house is thinking is on the table? we approach january 1st. is it that they are really eager mainly to strike a grand bargain they can sell as a major bipartisan achievement? is the idea of fighting past january 1st if necessary to get rid of the bush tax cuts for the wealthy americans more of a priority for them? >> no. i think they want a deal if they can get it. you're right to listen closely to john boehner, because what he had is he'll accept some revenues in the context of tax reform, a big, wonderful, fuzzy nebulous idea. what he won't expect initially is a change in the rates. of course, that's what it's about. it's about the rates for the highest income earners. and that's where john boehner is refusing to start out in the nego
to call both mr. boehner and the senator republican leader, mitch mcconnell but was told they were asleep. >> wake them up, for goodness sake. >> he is the president. >> wake him up. >> yesterday, yesterday, senate majority leader harry reid struck a tone of cautious optimism. >> it's better to dance than to fight. it's bettor work together. i want to work together but i want everyone to also understand, you can't push us around. >> hours later there was some reason for hope. the word revenue which speaker boehner used 15 times in a 12-minute press conference and not always in a completely negative context. >> the news via tax reform. we're willing to accept new revenue under the right conditions. republicans have signaled a willingness to accept new revenue. if it comes from growth and reform. >> has boehner opened the door to compromise and extended an actual olive branch. he alluded to the grand bargain that slipped away a year ago. >> closer to the critical mass needed legislatively to get tax reform done. the president and i talked about it extensively during the summer of 2011. it w
to see topless pictures of speaker boehner before we see a willingness to compromise. >> i wish i could get that imagine out of my head. >> i apologize but that's the reality. >> maybe yours. everybody is saying, look, john boehner has talked about the possible of raising revenues, he looks really reasonable now. he hasn't said no. the big question is, we've talked about this since the election, you and i and others, that what's at stake here is whether boehner can actually cut a deal and still remain speaker of the house. that is there isn't a mutiny, there isn't an opening on the right for a rebellion against him. he could not do that last time around in the summer of 2011 when the president tried to reach this grand bargain with him. it was clear to people working with him and in the room, democrats and members of the administration, that he himself would have cut that deal and would have, you know, walked away and held the president's hand and said look what we can do when we're adults in washington. but he was told by members of his own party, if you do that, our speakership is don
. i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday expires. and $984 billion in cuts will be triggered. joining me now, andy sullivan and sher a tupletts. what do you expect to come out of the meeting friday and will any real progress made? >> oh, no, but i think the optics will be important. there will beside by side getting their picture taken and i think this will reassure voters and most importantly investors that they are serious about the problem and they want t to get something done before the end of the year. they've pretty much gotten a free ride from the markets. everybody knew this was coming up, but interest rates have remained low and the stock
closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r
refused to consider higher tax rates. timing is also a sticking point here. here is john boehner this weekend. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. together we should avert the fiscal cliff in a manner that ensures 2013 finally is that year. >> no accident, by the way, it was boehner who did the republican response to the president this weekend. the president holds the most leverage in the next two months, directly after the election and before tax rates expire. when the threat of a tax increase on the middle class hangs over the negotiations. republicans would like to try out the negotiations to see the political climate is better for them in the next congress. the big question is how much did the white house learn from the failed debt talk to 2011? will the president bypass leader ship and begin to try to deal directly with the republican senators who have sounded the most open to compromise. >> i think there is a deal. the ying and yang of this is we know there have to be revenues. look, i haven't met a wealthy republ
measures have to originate in the house. john boehner talked about the looming fiscal cliff and like the president he also hinted at room for compromise. you have to listen carefully to see the compromise that could be coming. >> it's clear that there are a lot of special interest loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make cents. others don't. everything, everything on the revenue side and on the spending side has to be looked at. >> senator chuck schumer in new york this morning on msnbc suggested that the right wing might be more willing to accept compromise now. he's being hopeful. let's watch. >> boehner wants to compromise. that's why he gave that speech. you know, boehner is not a hard right guy. he's a incompetent mainstream conservative and i think it's going to work because the hard right a chastened in a lot of ways. >> here is a republican who may not be quite in on what happens happening after the election, jeff duncan. when i look at the results of the election congressman duncan says
leader in the senate, he tried to call john boehner and mitch mcconnell but he was told they were asleep, quote after his speech, mr. obama tried to call both mr. boehner and the senate republican leader, mr. mcconnell but was told they were asleep. i realized it was late night and everything but if the president calls you and you are asleep, do you not get woken up? isn't that sort of a standing order? one of the things we can all agree on the sort of thing you get out of bed for? the presidents an on the phone, okay, i'll wake up and take the phone no matter who you are? no. john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next
. john boehner doesn't have the leverage he used to have. on a conference call he told house republicans they had to avoid the nasty showdowns that mark so much of the last two years. senate republican leader mitch mcconnell was the number one obstructionist in the president's first term. now he tells "the wall street journal" he'll do whatever it takes to get a deal. i'd be willing to pay the ransom if e we thought we were going to get the hostage out. but the hostage is what? entitlement spending. mcconnell's intention, he's willing to agree to a dollar of new taxes for every dollar in cuts. what a difference an election makes. >> i'm going to ask a question on the stage. they seau had a real spending cuts deal, 10 to 1. spending cuts to tax increases. spooker, you're already shaking your head. but who on this stage would walk away from that deal? would you raise your hand about not raising taxes. >> remember in 2011 republicans would not take a 10 to 1 tax cut deal? now today mitch mcconnell is willing to do a 1 to 1 deal. republicans lost all of their leverage in this election. they
expire. meanwhile, house speaker john boehner remaining opposed to raising these tax cuts. do you think because of a lot of attention and oxygen being taken up in washington, d.c. with what's taking place with petraeus and allen there will be a way for like minds to come to a come prose mize. >> you're absolutely right, thomas. the media coverage is on these emerging facts on petraeus and other cases. the answer is, i think so, i hope so. we're not there yet. we have six weeks to work this out. two parts of the fiscal cliff, are across the board cuts. we'll be able to come one an alternative way to reduce the deficit in a smarter way to avoid that. the tax piece is a lot tougher and a lot bigger, the president as you know, we should immediately act, we the congress, to extend tax relief for 98% of the american people. in fact, taxpayers would get tax relief on first 250,000 in income. if we want to address the long-term deficit, it has to do with the cliff. speaker boehner needs to come forward and put that on the table as the president has done. >> when the president meets with labor l
boehner come to an agreement. because i believe anything they agree to is something that will pass the senate. so it's really the house and the presiden president. >> -- is very remote. i think we're more likely to postpone the spending cuts. i think that would be disastrous for the economy. and i think we're likely to let the tax cuts expire than come back in january and cut the taxes for at least 98% of americans. >> joining me now to map out a timeline, nbc white house correspondent mike viqueira who joins me from right there in the white house. so are you getting a sense of the schedule of these events? >> reporter: the schedule is pretty much up in the air. pretty remarkable that john yarmouth, house democrat from kentucky is basically saying let's go over the cliff because we're never going to come to an agreement. the trouble is that cliff if we go over it, the congress at budget office itself says over the next course of the year if those tax cuts kick in, more than $1 trillion in new added taxes to the american people. plus that sequester, that automatic cuts to defense an
. >> house speaker john boehner is also standing his ground, speaking ahead of the president friday. the speaker says he remains unwilling to raise taxes on upper income earners. >> everyone wants to get our economy moving again. everyone wants to get more americans back to work again. raising tax rates will slow down our ability to create the jobs that everyone says they want. >> joining me now, white house correspondent for the hill, amie parnes and "washington post" congressional reporter ed o'keefe. hi, you guys, good to see you both. let's talk fiscal cliff with you, starting with you, amie. the president says upper income americans are going to have to pay higher taxes. leader boehner essentially says no, that's a nonstarter. is all this just posturing and both have an idea where compromise is going to lie? >> i think they're trying to posture. but i think right now, president obama has the upper hand. i mean he's just won re-election. he's basically telling people, look, the american people elected me, because they want a stronger middle class. they want me to push what i hav
john boehner say that already. we have had votes in the senate where we have gotten rid of tax credits. i think that's given and the vast majority of the americans agree with that. the question is, how do you do that and how do you allow taxes to rise? at the same time, you fix the real problem and the real problem is uncontrolled entitlement spending and a government that has grown massively, not just under this administration, under republican administration. so, you have to approach both sides of it. >> let me turn to senator schumer. i will ask you the same question. if the mandate is compromised what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. i think if the house stands for anything it is cut government spending, as tom coburn said, and i think we have to do more of it. we heard the mandate 2010, where it was a clear mandate you cut spending and we did, we cut $900 billion in spending that we didn't like, painful to us. but there
speaker john boehner. to begin talks on how to prevent the country's economy from going over the so-called fiscal cliff. both boehner and snart majority leader harry reid sounded conciliatory notes yesterday. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans, but as americans. >> it's better to dance than to fight. it's better to work together. >> boehner even opened the door to raising new revenues, code for taxes, though not through tax rates. he does put on some conditions. >> in order to garner republican support for new revenues, the president must be willing to reduce spending and shore up entitlement programs that are the primary drivers of our debt. >> so that is a shift in a negotiating position. now boehner suggested temporarily extending the current tax rates, pushing serious negotiations on a broader tax deal into 2013. while the president has hinted in the past that he's willing to include the issues of social security and medicare in the fiscal negotiations, what's not clear is whether the rest of his party is going to be wil
both the president and speaker boehner and the fact that they are going to sit down and meet suggests that they both want to get this done and you can sort of see where there might be room and as you suggested in your intro, where it remains to be seen, president obama, he didn't say it in his remarks but the white house has said that he would veto anything that doesn't include a tax rate hike on people making -- households making over $250,000 a year and that's the line that boehner seemses to be drawing. he won't do that. he wants to draw loopholes. can either side bend at this point? we'll find out. >> rita, you had a one on one with john boehner. we'll be seeing him again on monday. it sounds at least like his tone is definitely changed. take a listen. >> i remain optimistic that we'll be able to find common ground. i'm the most reasonable and responsible person here in washington. the president knows this. he knows that he and i can work together. the election is over. >> did you know that john boehner was the most reasonable person in washington? did you know that? >> no. you sa
and the american people supported that stance and not rush limbaugh, speaker boehner should stand in the way. either they get in line or they can get run over and judging by the resounding welcome he got, the president got a lot of wind at his back. >> the president and vice president of the united states. [cheers and applause ] >> thank you. thank you, everybody. thank you. thank you very much. >> the support for the president's economic ideas extend far beyond that room. americans need a balance solution to our fiscal problems, not the one-sidedness that the gop is pushing. >> on tuesday night, we found out that the majority of americans agree with my approach and that includes democrats, independents, and a lot of republicans across the country as well as independent economists and budget experts. that's how you reduce the deficit, with a balanced approach. i want to be clear, i'm not we hadded to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. i am not going to
, that $1.6 trillion, is twice the amount of revenue that he and boehner put on the table last summer. it's a clear sign to the left that the president has stopped beginning his negotiations from the middle ground, something democrats have often complained about with this president. afl-cio president said he's confident that the president is not going to fold. >> the president led with that notion of protecting the middle class. are we going to collectively stand up and make sure that workers get a fair shake in all of this? absolutely we are. do we believe that the president is committed to that same thing? absolutely we do. will the president show today he's willing to go over the fiscal cliff if reboundians don't make the deal they are satisfied with. in a new pew poll, 50% will not reach an agreement in time. 53% are assuming republicans will be more to blame if no deal is struck. but yesterday minority leader mitch mcconnell, who met with the three gop freshmen, new senators, will join the repub c republican conference, struck a hard line when it came to tax rates. >> in politics th
that will automatically go into effect at the end of the year. speaker of the house john boehner opened the door yesterday to getting the deal done and striking a more conciliatory tone. >> mr. president, this is your moment. we're ready to be led, not as democrats or republicans, but as americans. we want you to lead, not as a liberal or a conservative, but as president of the united states of america. we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> meantime, senate majority leader harry reid said he is open to working together too, but there was a but. >> i'm going to do everything within my power to be as conciliatory as possible. i want to work together. but i want everyone to also understand you can't push us around. we want to work together. >> let me bring in legendary investigative journalist carl bernstein and political reporter for "the washington post" nia ma malika henderson. good morning to you. everybody is sounding cordial, but we still have the same players.
and the unemployment rate would shrink to 5.5%, but not until 2018. house speaker john boehner yesterday remained steadfast in his position on raising taxes. >> i remain optimistic we're going to be able to find common ground avoid this fiscal cliff and find a way to work together. >> by when? january 1st? >> i would hope so. >> the president is talking about specific increases. he campaigned on specific increases and tax rates from 35% to 39% for those making more than $250,000. so is that on the table right now? >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear -- >> to have the wealthier americans pitch in. >> -- that raising tax rates is unacceptable. frankly, it couldn't pass the house. >> you will talk about it even if it's the wrong approach. >> of course we'll talk about it. we'll talk about all kinds of things we may disagree on. i'm the most reasonable, responsible here in washington. the president knows this. he knows that he and i can work together. the election is over. now it's time to
boehner, who have already openly said, no increases in tax rates? >> well, you have to splinter off some republicans, in the senate it will be easier because you just have to get to 60. you might pass the december 31st deadline where you have a few more democrats in the senate. but the problem is always going to be the house. i think there may be a bargain in the -- in the side of coming to republicans and saying, here are cuts. but the price of those cuts will be that 2%. republicans will face a very tough choice in just a very short time. are they the ones that are going to be responsible for giving 98% of americans tax hikes? do the republicans want to be known as the party that raised your taxes for everybody but 2%? >> right. and i think, martin -- >> so, the 2% solution may be a noose around the republicans' neck. >> i think the republicans have little leverage. not just for that reason but a couple of other reasons. if you consider the fact that taxes are at 15% of gdp, spending is at 24%, even the paul ryan budget proposes we only reduce spending to 20% of gdp. that means five pe
the power to make sure a deal is cooperative and satisfying to the american people. it's bajohn boehner. he needs to decide if he takes this country over the fiscal cliff by refusing to bend on tax cuts for the wealthiest americans. as of now, he still says that tax cuts are off the table. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about it? >> i made clear yesterday that raising tax rates is unacceptable. and frankly, it couldn't even pass the house. >> boehner is boxing himself in by taking all tax increases off the table. e today the president repeated his intention to pass a bill keeping the tax cuts on anyone with income under $250,000. >> the senate has already passed a bill doing exactly this. so all we need is action from the house. i've got the pen. ready to sign the bill right away. i'm ready to do it. >> house republicans are going to have a lot of explaining to do if they don't pass tax cut extensions on the american people who need it the most. americans labor coalition made it clear it will supp
boehner. cut it loose so they can go christmas shopping, senator mcconnell. it's what the people voted for. that's why they voted for me. that's the president talking. we are joined now by nbc's chief white house correspondent chuck todd. thanks for joining us tonight. this was a hot pressure cooker press conference and you were in the middle. let's talk about the president's tactic. it looks like he's got one. here he is sticking out his message of defending the middle class today, sticking to it. he practically dared the republicans to hold tax cuts for the middle class hostage. he went back to that word hostage. let's take a look. >> the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. i hope republicans in the house come on board, too. we should not hold the middle class hostage while we debate tax cuts for the wealthy. the most important step we can take right now, i think the foundation for a deal that helps the economy, creates jobs, gives consumersty, which means gives consumers confidence they'll have c
. look, i think the white house was pleasantly surprised and open to what john boehner said. i mean, obviously, they appreciated what they thought was a very thoughtful and well thought out position that speaker boehner made publicly about where he sees the negotiations, where he's publicly putting out there where he's willing to move for now. obviously, everything's in negotiation, everything's a little bit of posturing. but it certainly was a much different tone, for instance, than what came out of mitch mcconnell's office office the election, and we've plowed through that plenty. i think what you're going to see now is the white house wants to attack a little bit of time, be thoughtful how public -- what they say publicly versus how much maneuverer ability is there. the other unnamed player is chuck shumer. chuck schumer publicly said i like simpson bowls in the it made an effort but i don't like what they're trying to do with taxes. we can't do this with tax reform. taxes should go up. he wants to move the negotiating position on the democrats in a little bit of a different dire
house? is it john boehner? >> i think the president is the only with one that can sign the agreement. john boehner needs to have an agreement that the house of representatives will pass, and i think whatever the two of them agree on will pass the senate. but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is actually our debt. we need to get this spending under control and get people back to work. >> i want to talk about this issue of taxes and tax rates and get you to respond to something from not exactly someone who is known as a liberal thinker here. take a listen. >> it won't kill the country if we raise tax as little bit on millionaires. it really won't, i
. >> i would even say keep these conversations loud and public and also show john boehner, if john boehner is going to be blaming everybody else but john boehner for being owe not being able to poll this red ants that infested his regions what can't get done, let's just see what that's about. because this is a democracy. this isn't the president's mandate. it's everybody's mandate. >> i want to set two things next to each other. on the one hand, we had a letter in the washington post to the president and to the congress from sort of the group that had supported the president, big labor and others and they made it very clear. the 2012 elections are over. the american people have spoken. we've voted for the middle class, putting people back to work and not job killing budget cuts and not attacking social security and medicare and medicate. this is what they're saying. on the other hand, we have boehner who won a majority in the house of representatives. here's what he said thursday to diane sawyer about raising taxes. >> is it on the table to talk about it? >> i made clear -- >> the
of them voted democratic and half of them live in hollywood. >> reporter: but house speaker john boehner rejects any hike in tax rates. he would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger deep spending cuts and tax cuts. that could mean $2,000 more in taxes for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly, another recession. boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms
that is on the table for democrats and republicans and that is the president and speaker of the house, john boehner and how they are going about this discussion as far as the bush tax cuts and america's sort of fiscal future. now, mark, i'm curious to hear your thoughts on this. first play sound from president obama and john boehner yesterday talking about doing the delicate dance of revenue raraisers. >> i'm not going to extend tax cuts for the wealthiest 2%. how you make up the trillion dollars just by closing loopholes and deductions, the math tends not work. >> i've outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. ways to put revenue on the table without increasing tax rates. >> mark a baby version of the themes we've talked about before, which is to say you have a hard line part of the republican party then the deal making part of the republican party and the democrats. how do you think this turns out? can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table
boehner was sounding, you know, like there might be some way to compromise on that issue. and i love bill crystal, what he had to say about it. who is somewhat of a leader of the more conservative branch of the republican party. so i'm optimistic. but we don't need all the republicans to go along. we need enough rational republicans and then the democrats can provide the rest of of the votes in we get a fair compromise. but anything less than fair that protects the middle class, the president has said he's not going to sign it. >> cynthia, the "new york times" reported on a conference call john boehner the speaker had and it's very interesting what tone he set and a gop senator. let me give you the quote p the quote from the "times" is that their party lost badly, mr. boehner said, they had to avoid the nasty showdowns that marked much of the last two years. members on the call subdued and dark, murmured words of support. that's interesting. and then you had senator bob corker, a key member of the banking committee, went on fox news and said the wealthy should contribute more. listen to t
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